FASB Outlook

From the Chairman's Desk

Since the Private Company Council was created three years ago, the FASB has forged a strong relationship with the council and its members.
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For the Investor: Market Volatility—
Implications for Financial Reporting

By Marc Siegel, FASB Member

Recent stock market declines, signs of economic slowdown in China, and continuing uncertainty around interest rate increases have all contributed to market volatility. In a market cycle such as this, how can financial statements be used and improved to help investors make sound investment decisions?
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Featured Video
Emerging Issues Task Force

In this brief video, Emerging Issues Task Force (EITF) members share their experiences, discuss important EITF consensuses during the past 30 years, and identify issues the Task Force should look to address in the future.
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  • From the Chairman's Desk
  • For the Investor: Market Volatility—
    Implications for Financial Reporting
  • Featured Video
    Emerging Issues Task Force

On the Horizon

In this issue we explore the FASB’s upcoming standards on leases, recognition and measurement of financial instruments, and credit losses. We also highlight upcoming comment deadlines on two proposals related to the disclosure framework project, and financial reporting of government assistance arrangements.
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What You Need to Know: Debt Classification

As part of the FASB’s simplification initiative, the Board heard from stakeholders about the need to simplify guidance on determining whether debt should be classified as current or noncurrent. The FASB plans to issue an exposure draft that proposes a new cohesive debt classification principle in the coming months.
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FASB at a Glance

Simplification Projects

A summary of current and completed Simplification Initiative projects, and their current status.
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Accounting Standards Effective In 2016

A summary of financial accounting and reporting standards becoming effective in 2016 and beyond.
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The FASB® Pending Content System Now Live

The Pending Content System (PCS) is an exclusive feature for Codification Professional View Subscribers that enables users to filter out pending content that is not yet effective. After extensive testing, we are pleased to share that the PCS is now live. Visit the Codification website for more information.

FASB Calendar